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U.S. Threatens Harsher Economic Pressure on Iran as Mediators Rush to Secure Second Ceasefire Talks

  A woman walks past a digital screen displaying news of US-Iran peace talks along a road in Islamabad on April 10, 2026 The United States has warned it will step up economic pressure on Iran while mediators race to arrange a second round of ceasefire talks before the fragile truce expires on April 22, 2026 — a standoff that risks higher oil prices, tighter global markets, and direct costs for Canadian households and investors.   Background and diplomatic timeline A two‑week ceasefire that paused nearly seven weeks of fighting was brokered to create a narrow diplomatic window for talks between Washington and Tehran. The first round of face‑to‑face negotiations in Islamabad lasted more than 20 hours but ended without an agreement, leaving the truce set to expire on April 22, 2026 unless mediators secure a follow‑up session.  Mediators led by Pakistan, with active roles from Turkey, Egypt and other regional actors, have been shuttling between capitals to bridge the remaini...
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Maximizing Your Tax Return: Uncover Hidden Deductions for 2024

 

Getting the most out of your tax return can feel like an early spring bonus. Whether you’re a seasoned taxpayer or a newcomer, there are lesser-known deductions that could significantly impact your bottom line. 

While the Canada Revenue Agency (CRA) has made filing expenses for people who work from home more complicated this year, there are still plenty of tax-deductible expenses that Canadians might be missing out on:

  • Children’s Summer Camps: Yes, you can claim credits for those enriching summer experiences.
  • Investment Expenses: If you have non-registered investment accounts, don’t overlook these costs.
  • Alimony Payments: If you’re making alimony payments, they may be deductible.
  • Moving Costs: Certain circumstances allow you to claim moving expenses.
  • Canadian employment amount: You can get credit for uniforms, work supplies, and more, up to $1,368 per year. Plus, if you subscribe to a Canadian news source, you can write off the cost of your subscription. 
  • Charitable donations: offer excellent tax benefits, especially for high-income earners. 
  • Contributing to your Registered Retirement Savings Plan (RRSP): is a powerful way to boost your refund and save for retirement. Here’s the magic number: aim for 18% of your income, up to the maximum of $30,780. Be strategic about how much you contribute to retirement savings accounts and charities—this could be the difference between owing the government money or getting a refund.

Remember, every dollar saved through deductions and credits adds up. So, dive into the lesser-known deductions, make smart RRSP contributions, and unlock hidden tax benefits. 

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